UK property investment driven by weakness in the pound?

Foreign property investors and property developers are increasingly choosing the UK for the home for their investment funds. This is the case with both private investors and institutional investors. One of the favourite destinations for these funds is prime London commercial property. The Chinese have been piling funds into the UK to take advantage of the currency differences. Interestingly Australian investors have also been looking at UK property to offer them good value and high returns. This is again driven by changes in currency strength. One investor sighted an example that for every £10,000 he had moved back to Australia around 10years ago he was now being able to buy back in at £19,000. With these types of returns the UK looks set to be a good home for foreign investment.